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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$479,000

MLS# 5017747
3896 sq.ft. Bedroom | 0 Bathroom
Multi Family
43 Summer Street Rutland City VT
 
$479,000 | $123 per sq.ft. | MLS# 5017747 A 8  Unit Multi Family Home, 43 Summer Street Rutland City VT With 6 - One Bedroom Units | 1 - Two Bedroom Units

Description:
Investment Opportunity: 8-Unit Multifamily in Rutland City Don't miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.

Annual Expenses
Taxes: $0
    Income Gross Income | $
NetIncome | $

UNIT 1 INFORMATION


Beds: 1
Baths: 1
Rooms: 0
Rent : 650.00 Monthly
Status : Leased

UNIT 2 INFORMATION


Beds: 1
Baths: 1
Rooms: 0
Rent : 725.00 Monthly
Status : Leased

UNIT 3 INFORMATION


Beds: 1
Baths: 1
Rent : 900.00 Monthly
Status : Leased

UNIT 4 INFORMATION


Beds: 1
Baths: 1
Rent : 650.00 Monthly
Status : Leased

UNIT 5 INFORMATION


Beds: 1
Baths: 1
Rooms: 0
Rent : 750.00 Monthly

UNIT 6 INFORMATION


Beds: 1
Baths: 1
Rent : 850.00 Monthly
Status : Leased

UNIT 7 INFORMATION


Beds: 2
Baths: 1
Rent : 1200.00 Monthly
Status : Leased

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Siding | Price Per SQ.FT. 122.95 | Year Built: 1860
LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Sidewalks | Street Lights
Livable Space: 3896
Above Grade Sq.Ft.: 3896
Below Grade Sq.Ft.: 0
Foundation: Stone
Heating: Oil | Forced Air
Cooling: None
Electric: Circuit Breaker(s)
Style: Multi-Family
Roof: Shingle
Water: Public
Sewer: Public
Lot size: 0.11 acres
Zoned: MR1
Surveyed: Unk
Flood Zone: No
Seasonal: No
Roads: Paved | Public
Driveway: Dirt

ADDITIONAL INFORMATION
Taxes $0  | Assesed Value $0 in
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

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